Algeria to reach 151 Bln m3 of natural gas by 2019

refinery workers inside oil and gas installationThe production of natural gas from Algeria would reach 151 billion m3 by 2019 after a production level of about 131 billion m3 in 2014, reported on February 7th The aAlgerian press service – APS. “In the medium term we plan to increase our production capacity to reach 151 billion m3 by 2019,” said Said Sahnoun, CEO of Sonatrach, quoted by APS.

The increased production of Algerian natural gas will gradually, we learn, thanks to the start of production of a series of deposits over the next five years including gas fields located Tinhert, Gassi Touil , Ahnet Menzel Ledjmet East and Bir Berkine. It will be a revival of the gas sector following a decline in production in recent years attributed to the decline in production from Hassi R’Mel, the largest gas field in production since 1961 in Algeria.

But production in this field is beginning to recover thanks to the construction of two gas compression units that are expected to maintain the production plateau of this mega field, while Sonatrach also provides a third compressor unit to boost extraction .

gas projects that will be developed in partnership by 2019 are Touat Gas with the French group GDF Suez, South In Salah with BP and Statoil and Reggane Nord with Repsol, RWE DEA and Edisson.

The announcement of the increase in perspective of production comes at a time when Egypt and Argentina show up as new major markets in the medium term for the Algerian natural gas.

Algeria is located about 131 billion m3 of natural gas production in 2014, including 27 billion m3 exported by pipeline and 28 million m3 in the form of LNG.

About Khalid Al Mouahidi 4421 Articles
Khalid Al Mouahidi : A binational from the US and Morocco, Khalid El Mouahidi has worked for several american companies in the Maghreb Region and is currently based in Casablanca, where he is doing consulting jobs for major international companies . Khalid writes analytical pieces about economic ties between the Maghreb and the Mena Region, where he has an extensive network